Which of the Following Is Not an Area in Which

question 103

Multiple Choice

Which of the following is not an area in which Amish are frequently located?​

• A)​Illinois
• B)​Ohio
• C)​Pennsylvania
• D)​Montana

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Definitions:

Compounded Annually

The calculation of interest on both the initial principal and the accumulated interest from previous periods on a yearly basis.

Yearly Contributions

The total amount of money added to a fund or investment over the course of a year.

Rate of Interest

The percentage of a sum of money charged for its use, often expressed annually.

Compounded Semi-Annually

Interest on an investment or loan calculated twice a year and then added to the principal amount, affecting future interest calculations.